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Subsequent Events | 12 Months Ended
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Dec. 30, 2017
Subsequent Events [Abstract] |
Subsequent Events |
Note 26. | Subsequent Events
The company has evaluated subsequent events since December 30, 2017, the date of these financial statements. We believe there were no material events or transactions discovered during this evaluation that requires recognition or disclosure in the financial statements other than the items discussed below. Dividend. On February 16, 2018, the Board of Directors declared a dividend of $0.17 per share on the company’s common stock to be paid on March 16, 2018 to shareholders of record on March 2, 2018. Legal settlement. On February 14, 2018, the company reached an agreement in principal to settle a distributor classification legal matter (Schucker case) for a payment of approximately $1.3 million. See Note 23, Commitment and Contingencies, for additional details.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI http://asc.fasb.org/topic&trid=2122774 + Details
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